Is Blackstone Inc. (BX) A Good Stock To Buy Now?

May 3, 2026 - 18:29

A recent bullish take on Blackstone Inc. (BX) has been making the rounds, suggesting the investment giant might be a solid pick for investors. The thesis, shared by an analyst on social media, points to several key factors that could drive the stock higher.

As of late April, Blackstone shares were trading around $121.65. The valuation metrics show a trailing price-to-earnings ratio of 31.19, which might seem high at first glance. However, the forward P/E ratio tells a different story, sitting at a much more attractive 19.05. This forward-looking number suggests that earnings are expected to grow significantly in the coming year, potentially making the current price a bargain.

The core of the bullish argument rests on Blackstone's position as the largest alternative asset manager in the world. With a massive portfolio spanning private equity, real estate, and credit, the firm is well-positioned to benefit from a stabilizing interest rate environment. As borrowing costs ease and deal-making activity picks up, Blackstone stands to collect higher management fees and performance income. The company's strong track record of deploying capital and generating returns for its limited partners also adds to the confidence. For investors looking for exposure to the broader economy and financial markets, BX offers a leveraged play on recovery and growth. The thesis concludes that with a reasonable forward multiple and powerful earnings momentum, Blackstone remains a compelling buy for long-term portfolios.